Hockett v. TREES OIL CO.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that state conservation fees assessed downstream against first purchasers did not constitute post-production costs that were required to be shared by the royalty owner.
• “[T]he term proceeds’ in a royalty clause refers to the gross sale price in the contract between the first purchaser and the [operator].”
• royalty clause gave fractional interest in either “proceeds if sold at the well,” or “market value at the well”
• If a trial court reaches the correct result, its decision will be upheld even though it relied upon the wrong ground or assigned erroneous reasons for its decision.
• if district court reaches the correct result, its decision will be upheld even though it relied upon the wrong ground or assigned erroneous reasons for its decision
• if district court reaches the correct result, its decision will be upheld even though it relied upon the wrong ground or assigned erroneous reasons for its decision

Source: CourtListener parenthetical corpus (CC0).